green economy In Latin America and the Caribbean

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green economy In Latin America and the Caribbean ( green-economy-in-latin-america-and-caribbean )

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Permanent Secretariat Extra-Regional Relations 28 TABLE VIII: Maximum percentages by country per total type of fuel in LAC Source: Prepared by the author based on OLADE data. 1) Includes production of ethanol and other primary energies. 2)Thousand barrels of oil equivalent. The LAC energy matrix per country and type of energy or fuel is controlled by the seven aforementioned countries, except for some individual cases. To sum up, Brazil takes over five out of the nine analysed energy sources (hydraulic energy, nuclear energy, firewood, sugar cane and other primary energy sources). Mexico takes the lead in two types of energy (gas and geothermal energy). In the aggregate, Venezuela and Colombia are top in the ranking of oil and coal, respectively. Hydrocarbons a) Petroleum Venezuela is the leader in petroleum in LAC, accounting for 31.17% of the total amount, in addition to having 85.30% of oil proven reserves in LAC and 15.40% in the world. Next, Mexico and Brazil go with 27.97% and 19.52%; respectively. The seven countries encompass 97.86% of the overall production in LAC. b) Gas Mexico is the main gas producer in LAC, accounting for 35.67% out of the total amount. Argentina, Trinidad and Tobago and Venezuela come next at 16.35%, 14.49% and 13.32%, respectively. The seven countries encompass 91.41% out of the overall production in LAC. Coal Colombia comprehends 77.05% out of the total coal output in LAC, placing it as the major coal producer in LAC. Other minor producers include Venezuela and Mexico, 10.39% and 8.20%, respectively. The seven countries encompass 99.09% out of the overall production in LAC.

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